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BMW i3 EV revealed. It’s clever, but it’s not exactly pretty

The BMW i3 electric city car (pictured) has been officially revealed The BMW i3 – the first of BMW’s production ‘i’ electric cars – has finally been revealed at events in London, New York and Beijing as BMW plots its course to bring a premium electric city car to the world. Looking much like the original Mega City Concept, the i3 debuts a number of innovations from BMW – which are very clever – but it also debuts perhaps the worst looking BMW we’ve ever seen, with its incongruous lines, bulging bonnet, odd shapes on the flanks and slab-backed rear view. But what underpins the i3 is clever indeed, with a lightweight inner body made from carbon fibre and carbon fibre reinforced body panels providing the skin, all conspiring to make the i3 light – 1195kg, despite 25 per cent or so of that being batteries – and very rigid.

McLaren 650S Sprint (2014): the gentleman racer’s Macca

By Tim Pollard First Official Pictures 11 August 2014 17:59 Visitors to the upmarket Pebble Beach festival this week will witness the world debut of a very special McLaren track-day special: the new 650S Sprint coupe. The clue’s in the name: the Sprint is a track-only version of the 650S, designed for wealthier fans to go on track days and race at junior levels. It slots beneath the full-blown 650S GT3 racer – this is more a My First Track Day Special for wealthy owners after an amateur race-day weapon.

Chrysler Financial gets $1.5 billion federal loan

The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.